The rise and fall of Damien Hirst is an oft-told tale of hubris and nemesis. An art-world superstar in the nineteen-nineties and early two-thousands, Hirst made white-hot works—the most infamous of which involved animals immersed in formaldehyde—whose prices only ever went up. He got rich, his galleries got rich, his collectors got rich, everybody was happy. But, then, […]
FOR the first time in 20 years, the lead-up to the Whitney Biennial coincided with the presidential election, a background that could not help but inform the selection of artists and artwork that will be on view when the biennial opens on March 17, the first in the museum’s new downtown building. “An election year […]
Many say it was the 2011 exhibition at the Palazzo Grassi museum in Venice that first ignited art buyers’ interest in a young Romanian artist named Adrian Ghenie, whose heavy palette-knife paintings are haunted by historical figures like Stalin, Hitler and the Nazi doctor Josef Mengele. Then, in 2015, Mr. Ghenie drew more attention when […]
Galleries have always provided scholarly support for museums exhibiting their artists’ work. Now they’re expected to provide money, too. In today’s exploding art market, amid diminishing corporate donations and mounting exhibition costs, nonprofit museums have been leaning more heavily on commercial galleries for larger amounts of money — anywhere from $5,000 to $200,000 each time […]
For decades, art advisers were a small club of professionals who personally helped build collections for clients, using their scholarship and connoisseurship. Their role was to consult and offer expertise, rarely to make deals. But the rapidly changing art market — characterized by soaring prices, high fees and a host of wealthy new buyers from […]
As scaffolding went up around the former Folk Art Museum building on Tuesday, one of its two architects broke his silence to say how devastated he and his partner are about the Museum of Modern Art’s decision to tear down “one of our most important buildings to date.” “Yes, all buildings one day will turn […]
Peace and quiet can be hard to come by in the middle of Manhattan. Maybe, if the ice ever melts, you might balance a lunch burrito on your lap in the sunken plaza outside the McGraw-Hill Building. Or park yourself in a hotel lobby and pretend to be a guest. But for many people the […]
Two celebrated architect couples, whose careers took off almost simultaneously in the hothouse of New York City design and who supported each other’s successes, are barely on speaking terms. One pair, Billie Tsien and Tod Williams, designed the former home of the American Folk Art Museum on West 53rd Street; the other, Liz Diller and Ricardo Scofidio, just […]